Ms. Shakeela is a 30-year-old woman. She is a very talented lady and excels in her work of stitching. She has gotten a lot of appreciation from her community. Shakeela started her business of stitching after she got divorced. She doesn’t want to become a burden on her family so she is working hard to contribute to the family income. She has gradually improved her business with the support of Kashf Foundation.
Currently she has requested a loan of Rs 30,000 to buy more spools of thread with the packs of buttons, laces and zippers in various colors. Then she would be able to meet with the demands of her customers without fail. She expects a boost in her earnings and dreams of expanding her business in the near future.
About Kashf Foundation
Kashf Foundation is one of the leading microfinance providers in Pakistan, focused on expanding financial access for poor women across the country. The organization’s economic empowerment program has grown from 913 clients in 1999 to 284,653 clients as of May 2012, with a current outstanding portfolio of US$32 million.
Kashf has trained over 227,000 clients in basic financial literacy and systemized financial education since 2010, in addition to providing training in gender justice and empowerment to over 12,500 participants since 2011. This group includes clients, their husbands and adolescent boys in their communities.
Over the past 16 years, Kashf has disbursed an estimated 2 million loans. Today, it operates in 16 districts in Punjab province and 1 district in Sindh province through a network of 157 branches. It plans to open 19 new branches to cover all four of Pakistan’s provinces.